Common Mistake #2: ‘Not knowing the all-in cost of the “China price”’

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“The 10 most common mistakes made by foreign buyers in China”

Program will offer case studies and solutions relating to the following mistakes:

• Poorly defined specs
• Not knowing the all-in cost of the “China price”
• Failure to audit the factory/ Falling for the golden sample
• Failure to conduct due diligence and verify key information
• Who’s the project manager?
• Payments not liked to performance
• Leaky contracts
• Arm’s length buying
• Registering your intellectual property after you have been knocked off
• Not knowing which functions to outsource and which ones to keep in house

Hosted by Mike Bellamy (chairman of the China Sourcing Information Center) featuring a panel of veteran sourcing professionals.